Peoples Financial Services CORP. Acquires 1,799 Shares of Analog Devices, Inc. (ADI)

Peoples Financial Services CORP. increased its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 18.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,463 shares of the semiconductor company’s stock after buying an additional 1,799 shares during the period. Peoples Financial Services CORP.’s holdings in Analog Devices were worth $988,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of ADI. Pathstone Family Office LLC increased its position in shares of Analog Devices by 75.0% during the second quarter. Pathstone Family Office LLC now owns 35 shares of the semiconductor company’s stock worth $1,557,000 after purchasing an additional 15 shares in the last quarter. Pitcairn Co. increased its position in shares of Analog Devices by 0.6% during the second quarter. Pitcairn Co. now owns 4,719 shares of the semiconductor company’s stock worth $367,000 after purchasing an additional 30 shares in the last quarter. King Luther Capital Management Corp increased its position in shares of Analog Devices by 0.9% during the first quarter. King Luther Capital Management Corp now owns 3,722 shares of the semiconductor company’s stock worth $305,000 after purchasing an additional 32 shares in the last quarter. CENTRAL TRUST Co increased its position in shares of Analog Devices by 1.4% during the second quarter. CENTRAL TRUST Co now owns 2,365 shares of the semiconductor company’s stock worth $184,000 after purchasing an additional 32 shares in the last quarter. Finally, Osborn Williams & Donohoe LLC increased its position in shares of Analog Devices by 1.2% during the second quarter. Osborn Williams & Donohoe LLC now owns 2,834 shares of the semiconductor company’s stock worth $220,000 after purchasing an additional 34 shares in the last quarter. 86.59% of the stock is owned by institutional investors.

Several equities research analysts have commented on ADI shares. B. Riley reaffirmed a “buy” rating and issued a $103.00 price target on shares of Analog Devices in a report on Tuesday, June 27th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Analog Devices in a report on Monday, July 10th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $92.00 price target on shares of Analog Devices in a report on Friday, August 4th. BidaskClub lowered shares of Analog Devices from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $100.00 price target (up from $96.00) on shares of Analog Devices in a report on Tuesday, August 29th. Eleven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $93.65.

In other Analog Devices news, SVP Margaret K. Seif sold 3,000 shares of the stock in a transaction on Monday, August 21st. The shares were sold at an average price of $77.81, for a total transaction of $233,430.00. Following the transaction, the senior vice president now directly owns 20,404 shares in the company, valued at approximately $1,587,635.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Peter Real sold 4,505 shares of the stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $82.13, for a total transaction of $369,995.65. Following the transaction, the senior vice president now owns 13,531 shares in the company, valued at $1,111,301.03. The disclosure for this sale can be found here. Insiders sold 118,989 shares of company stock valued at $10,076,166 over the last 90 days. Insiders own 1.10% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://ledgergazette.com/2017/10/20/peoples-financial-services-corp-acquires-1799-shares-of-analog-devices-inc-adi.html.

Shares of Analog Devices, Inc. (NASDAQ:ADI) traded up 0.15% during trading on Friday, reaching $88.93. 1,698,656 shares of the company’s stock traded hands. Analog Devices, Inc. has a 1-year low of $62.22 and a 1-year high of $90.49. The company has a market capitalization of $32.70 billion, a price-to-earnings ratio of 44.27 and a beta of 1.30. The stock has a 50-day moving average of $85.36 and a 200-day moving average of $80.85.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 30th. The semiconductor company reported $1.26 earnings per share for the quarter, beating the c

A number of other large investors have also modified their holdings of ADI. Pathstone Family Office LLC increased its position in shares of Analog Devices by 75.0% during the second quarter. Pathstone Family Office LLC now owns 35 shares of the semiconductor company’s stock worth $1,557,000 after purchasing an additional 15 shares in the last quarter. Pitcairn Co. increased its position in shares of Analog Devices by 0.6% during the second quarter. Pitcairn Co. now owns 4,719 shares of the semiconductor company’s stock worth $367,000 after purchasing an additional 30 shares in the last quarter. King Luther Capital Management Corp increased its position in shares of Analog Devices by 0.9% during the first quarter. King Luther Capital Management Corp now owns 3,722 shares of the semiconductor company’s stock worth $305,000 after purchasing an additional 32 shares in the last quarter. CENTRAL TRUST Co increased its position in shares of Analog Devices by 1.4% during the second quarter. CENTRAL TRUST Co now owns 2,365 shares of the semiconductor company’s stock worth $184,000 after purchasing an additional 32 shares in the last quarter. Finally, Osborn Williams & Donohoe LLC increased its position in shares of Analog Devices by 1.2% during the second quarter. Osborn Williams & Donohoe LLC now owns 2,834 shares of the semiconductor company’s stock worth $220,000 after purchasing an additional 34 shares in the last quarter. 86.59% of the stock is owned by institutional investors.

Several equities research analysts have commented on ADI shares. B. Riley reaffirmed a “buy” rating and issued a $103.00 price target on shares of Analog Devices in a report on Tuesday, June 27th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Analog Devices in a report on Monday, July 10th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $92.00 price target on shares of Analog Devices in a report on Friday, August 4th. BidaskClub lowered shares of Analog Devices from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $100.00 price target (up from $96.00) on shares of Analog Devices in a report on Tuesday, August 29th. Eleven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $93.65.

In other Analog Devices news, SVP Margaret K. Seif sold 3,000 shares of the stock in a transaction on Monday, August 21st. The shares were sold at an average price of $77.81, for a total transaction of $233,430.00. Following the transaction, the senior vice president now directly owns 20,404 shares in the company, valued at approximately $1,587,635.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Peter Real sold 4,505 shares of the stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $82.13, for a total transaction of $369,995.65. Following the transaction, the senior vice president now owns 13,531 shares in the company, valued at $1,111,301.03. The disclosure for this sale can be found here. Insiders sold 118,989 shares of company stock valued at $10,076,166 over the last 90 days. Insiders own 1.10% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://ledgergazette.com/2017/10/20/peoples-financial-services-corp-acquires-1799-shares-of-analog-devices-inc-adi.html.

Shares of Analog Devices, Inc. (NASDAQ:ADI) traded up 0.15% during trading on Friday, reaching $88.93. 1,698,656 shares of the company’s stock traded hands. Analog Devices, Inc. has a 1-year low of $62.22 and a 1-year high of $90.49. The company has a market capitalization of $32.70 billion, a price-to-earnings ratio of 44.27 and a beta of 1.30. The stock has a 50-day moving average of $85.36 and a 200-day moving average of $80.85.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 30th. The semiconductor company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.11. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. Analog Devices had a net margin of 14.77% and a return on equity of 19.06%. The business’s quarterly revenue was up 64.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.82 earnings per share. On average, equities analysts predict that Analog Devices, Inc. will post $4.62 EPS for the current fiscal year.

Analog Devices Profile

Analog Devices, Inc (Analog Devices) designs, manufactures and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. Its products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products.

Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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